Supply Chain Now cover image

Supply Chain Now

Data-Driven Revolution: Shaping the Future of Supply Chain Planning

Jan 17, 2024
AI algorithms in supply chain planning, importance of data, E2Open's role in connected planning, launch of Open AI's chat GPT, future of supply chain planning: connected planning & predictions
43:46

Podcast summary created with Snipd AI

Quick takeaways

  • To mitigate supply chain disruptions in 2024, planners should focus on creating flexible strategies and leveraging advanced planning solutions to simulate and optimize complex scenarios.
  • AI and machine learning will play a significant role in supply chain planning in 2024, automating routine tasks and providing more accurate analytics and real-time decision-making capabilities to help organizations anticipate demand fluctuations and optimize supply chain processes.

Deep dives

Prediction 1: More disruptions in the supply chain

In 2024, there will be an increase in supply chain disruptions due to complex geopolitical situations and economic uncertainty. These disruptions will impact demand forecasting, supply shortages, and delayed shipments. To mitigate these risks, supply chain planners should focus on creating flexible and adaptable strategies and leverage advanced planning solutions to simulate and optimize complex scenarios.

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